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Energy

UK still committed to Nigeria with 99% duty-free access under DCTS

Sopuruchi Onwuka The United Kingdom has restated its commitment to reinforce the long-term ambition to deepen trade ties, support Nigerian exports and promote economic growth for both countries. The kingdom also confirmed that Nigeria would continue to enjoy duty-free access…

Femi Shoneye resigns as NNPC’s communications chief

Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited may have relieved its Chief Corporate Communications Officer, Mr Olufemi Shoneye, of his position as the company continues with relentless reorganization which follows reconstitution of the governing board. Mr Soneye who…

Eko DisCo earns praise of Oba, Stakeholders on services

Diligent electricity distribution services and prompt resolution of supply disruption have earned the Eko Electricity Distribution Company (EKEDC) strong commendation from the Oba and White Cap Chiefs of Lagos State. The company which hosted the delegation of the Oba of…

Trump to decide Iran’s fate in 2 weeks

The Trump administration last month temporarily halted the scheduling of new visa interviews for foreign students, leaving students around the world waiting anxiously for consulates to reopen appointments. With the window closing to make travel and accommodation arrangements ahead of…

APPO, NOC CEOs Accra meeting to focus on energy development

Sopuruchi Onwuka Head of national hydrocarbon companies in Africa are scheduled to meet with the leadership of the African Petroleum Producers Organization (APPO) to harmonize strategies for enhanced energy development in the continent. Organizers of the upcoming Africa Oil Week…

Load rejection by Discos behind power sector capacity crisis

Sopuruchi Onwuka Inability of the electricity distribution companies in Nigeria to take up available generation from the power grid continues to hamper efforts at boosting affordable power supplies to homes and businesses in the country. The situation which has left…

FAAC disburses N1.659 trn from May income

Sopuruchi Onwuka Federal government has shared about N1.659 trillion to the three tiers of political administration in the country; being part of the gross revenue of N2.942 trillion available in the month of May 2025. Federation Account Allocation Committee (FAAC)…

Julius Berger formally engaged in Oloibiri Museum project

All roadblocks to construction of the world-class Oil and Gas Museum and a Research Testing Centre have now been cleared to enable construction giant, Julius Berger, to proceed to site. According to the Nigerian Content Development and Monitoring Boars (NCDMB),…

NLNG endorses 2025 Oriental News Nigeria Summit

Sopuruchi Onwuka As Nigeria continues to promote energy efficiency with natural gas as key driver to achieve her energy transition goals, key stakeholders in the sector would be discussing prospects of the country’s huge gas resources in actualizing set targets….

EU sets 2027 deadline to cut Russian gas imports

As the European Union seeks to end its dependency on Russian energy, the European Commission is set to propose this week a ban on new contracts for natural gas supply with Russia on the basis of trade law, which needs…